Media & Press Releases

December  
14 November 2017 Foreign Reserves rose by $11.2 million over November

November  
14 November 2017 Foreign Reserves rose by $10.6 million over October
10 November 2017 Reserve Bank hosts the 32nd Annual Meeting of the South Pacific Central Bank Governors
Talitali ‘e he Pangikē Fakafonua ‘o Tonga´ a e Kau Kōvana ‘o e ngaahi Pangikē Pule ‘i he Pasifiki´ ki he’enau fakataha fakata’u hono 32
9 November 2017 Reserve Bank paid $1.997 million to Government
Foaki 'e he Pangike Pule 'a Tonga 'a e Pa'anga 'e 1.997 Miliona ki he Pule'anga
1 November 2017 Monetary Policy Decision
Tu’utu’uni ki he Fokotu’utu’u Ngāue Fakapa’anga

October  
6 October 2017 Monetary Policy Decision
Tu’utu’uni ki he Fokotu’utu’u Ngāue Fakapa’anga
3 October 2017
Foreign Reserves fell by $2.0 million over September

September  
11 September 2017 Monetary Policy Decision

Tu’utu’uni ki he Fokotu’utu’u Ngāue Fakapa’anga
5 September 2017 Foreign Reserves fell by $3.9 million over August

August  
18 August 2017 Foreign Reserves rose by $1 million over July
16 August 2017 National Reserve Bank of Tonga Issues the Demand Side Survey Report
Lipooti ‘o e savea ki he ngaahi fiema’u ‘a e kakai fekau’aki mo e ngaahi ngaue fakapa’anga
2 August 2017 Monetary Policy Decision
Tu’utu’uni ki he Fokotu’utu’u Ngāue Fakapa’anga
2 August 2017
National Reserve Bank of Tonga Eases Exchange Control Requirements

July  
31 July 2017 Monetary Policy Statement for February 2017
Fakamatala Fokotu’utu’u ngāue fakapa’anga ki Fepueli 2017
25 July 2017 Foreign Reserves rose by $15.6 million over June

June  
21 June 2017 Foreign Reserves rose by $20.6 million over May
6 June 2017 Monetary Policy Decision

Tu’utu’uni ki he Fokotu’utu’u Ngāue Fakapa’anga

May  
10 May 2017 Foreign Reserves recorded a $5.7 million rise over April
1 May 2017 Monetary Policy Decision
Tu’utu’uni ki he Fokotu’utu’u Ngāue Fakapa’anga

April  
21 April 2017 Foreign Reserves declined by $11.7 million over March
20 April 2017 Foreign Reserves declined by $3.1 million over February
3 April 2017 IMF Staff Concludes Visit to Tonga

March  
29 March 2017 Monetary Policy Decision

Tu’utu’uni ki he Fokotu’utu’u Ngāue Fakapa’anga
13 March 2017 Unauthorized Foreign Exchange Services
Fakafetongi Pa’anga Muli Ta’efakalao
7 March 2017 Monetary Policy Decision

February  
9 February 2017 Foreign Reserves rose by $2.0 million over January
3 February 2017 Reserve Bank Eases Exchange Control Requirements
2 February 2017
Monetary Policy Decision

January  
31 January 2017 Foreign Reserves rose by $17.9 million in December

Economic Releases

December  
28 December 2017 Lower private containers in October
Container Registrations
28 December 2017 Further rise in imported commodities prices drive headline inflation higher
Inflation
27 December 2017 Early squash season continued to drive agricultural exports higher
Agricultural Exports Volumes
27 December 2017 Lower marine products exported in September 2017
Marine Exports Volume
27 December 2017 Remittances has been above 25 million for five consecutive months
Remittances
27 December 2017 Return of funds to head office and lower remittances contributed to overall balance deficit
Overseas Exchange Transactions
18 December 2017 Monthly Economic Review for October
15 December 2017 Continued growth in deposits and loans
Banking Sector Developments
8 December 2017 A decline in business containers drive total container registrations lower
Container Registrations
8 December 2017 More containers from New Zealand over the month
Container Registrations
8 December 2017 Registrations dropped for all categories except light and heavy vehicles
Vehicle Registrations
6 December 2017 Harvest season for watermelon and squash
Agricultural Exports Volumes
6 December 2017 A favourable month for coral exports despite continued lower marine exports
Marine Exports Volume
6 December 2017 Tuna exports contribute to lower marine exports
Marine Exports Volume
6 December 2017 Both lending and deposits increased significantly
Banking Sector Developments
6 December 2017 Deposits slowed down whilst lending continues to grow
Banking Sector Developments
5 December 2017 Higher international sea arrival in September 2017
International Arrivals & Departures
5 December 2017 Higher migration movement during the month
International Arrivals & Departures
5 December 2017 Lower international arrival during the month
International Arrivals & Departures
1 December 2017
Monthly Economic Review for September

November  
1 November 2017 Monthly Economic Review for August

October  
19 October 2017 Temporary effects of taxes in July 2016 ceases, slowing the annual inflation rate
Inflation
19 October 2017 Both business and private containers declined
Container Registrations
17 October 2017 Lower registrations in light vehicles drove decline in total vehicle registrations
Vehicle Registrations
16 October 2017 Remittances continued to remain high despite the slight decrease
Remittances
16 October 2017 June’s festivities maintained the high level of remittances
Remittances
16 October 2017 Overall surplus dropped due to lower Official Receipts
Overseas Exchange Transactions
16 October 2017 Higher primary income payments reduced the overall surplus
Overseas Exchange Transactions
6 October 2017
Monthly Economic Review for July

September  
27 September 2017 Private container registrations push total registrations lower in June
Container Registrations
6 September 2017 No watermelon exports drove agricultural exports lower
Agricultural Exports Volumes
5 September 2017 More visitors arrived in June
International Arrivals & Departures
5 September 2017 Church conferences and other events drive international arrivals higher in May
International Arrivals & Departures
4 September 2017 Lending and deposits continue to grow steadily
Banking Sector Developments
1 September 2017 Decline in taxis and rental registrations pushed total vehicle registrations lower
Vehicle Registrations

August  
28 August 2017 Monthly Economic Review for June
17 August 2017 Tuna and Snapper exports declined considerably
Marine Exports Volume
16 August 2017 The “family” month of May recorded hike in remittance receipts
Remittances
16 August 2017 Overall surplus soared due to large inflows of foreign aid
Overseas Exchange Transactions
15 August 2017 No cruise ship arrival drive total arrivals lower
International Arrivals & Departures
15 August 2017 A favourable month for tuna and snapper exports
Marine Exports Volume
15 August 2017 Less air arrival visitors push total arrivals lower
International Arrivals & Departures
15 August 2017 Annual imported headline inflation remained constant from previous month
Inflation
15 August 2017 Domestic inflation driving monthly headline inflation higher
Inflation
15 August 2017 High liquidity remains coinciding with strong growth in deposits
Banking Sector Developments
3 August 2017 Better month for harvest of root crops
Agricultural Exports Volume
3 August 2017 Cars and light vehicle registrations drive total vehicle registrations
Vehicle Registrations
3 August 2017 Both business and private container registrations increased
Container Registrations
2 August 2017
Monthly Economic Review for May

July  
14 July 2017 Drop in business containers outweighed rise in private container registrations
Container Registrations
10 July 2017 Reduction in receipts for family support drive remittance receipts to fall
Remittances
10 July 2017 Higher interbank transfers drives overall surplus
Overseas Exchange Transactions
10 July 2017 Monthly Economic Review for April
10 July 2017
Household loans continue driving credit growth
Banking Sector Developments

June  
29 June 2017 Family support transfers fuel higher remittance receipts
Remittances
28 June 2017 Lending by banks continue to grow
Banking Sector Developments
28 June 2017 Overall deficit widened mainly on higher import payments
Overseas Exchange Transactions
28 June 2017 Lower financial account receipts leads to overall balance deficit
Overseas Exchange Transactions
23 June 2017 Less air arrival visitors driving total arrivals lower
International Arrivals & Departures
23 June 2017 Low inflation rates in March 2016 drove higher rates in 2017
Inflation
23 June 2017 Annual imported food prices rose sharply over the month
Inflation
23 June 2017 Visitors’ arrivals slow after the busy Christmas period
International Arrivals & Departures
21 June 2017 Credit growth continues to reach new levels
Banking Sector Developments
21 June 2017 New Year begins with continued growth in deposits
Banking Sector Developments
21 June 2017 Strong growth in deposits and loans continue
Banking Sector Developments
21 June 2017 Lower transfer receipts lowered the overall surplus
Overseas Exchange Transactions
21 June 2017 A slight drop in private container registrations
Container Registrations
21 June 2017 Container registrations bounced back after a low month
Container Registrations
21 June 2017 Higher surplus due to large inflow of foreign aid
Overseas Exchange Transactions
21 June 2017 Lower receipts of government grants leads to overall deficit
Overseas Exchange Transactions
21 June 2017 Registrations slow, the usual January trend
Container Registrations
16 June 2017 Both marine and aquarium products declined in March
Marine Exports Volume
16 June 2017 Tuna exports drove the monthly increase in exports
Marine Exports Volume
16 June 2017 Marine exports start high in 2017
Marine Exports Volume
16 June 2017 Yam and breadfruit drove agricultural exports volume
Agricultural Exports Volume
15 June 2017 Root crops drove monthly increase
Agricultural Exports Volume
15 June 2017 Agricultural exports start the year with the usual slow growth
Agricultural Exports Volume
14 June 2017 Light Vehicles lift registrations in March
Vehicle Registrations
14 June 2017 Light and heavy vehicles drove monthly decline
Vehicle Registrations
14 June 2017 All vehicle registrations dropped over the month
Vehicle Registrations
9 June 2017 Christmas holiday drove the total arrivals & departures higher
International Arrivals & Departures
9 June 2017 Fall in arrivals and departures driven by less cruise ship arrival
International Arrivals & Departures
9 June 2017 Agricultural exports volume return to its usual trend
Agricultural Exports Volume
9 June 2017 Invertebrate exports continued to rise
Marine Exports Volume
9 June 2017 Higher demand for cars and light vehicles drove the overall peak in vehicle registrations
Vehicle Registrations
9 June 2017 Private container registrations edged higher in December
Container Registrations
8 June 2017 Monthly Economic Review for March
2 June 2017 Remittances declined driven by a drop in family support receipts
Remittances
2 June 2017 Remittance fell as Christmas and holiday festivities cease
Remittances

May  
26 May 2017 Containers record high new level for the month
Container Registrations
23 May 2017 Annual headline inflation starts high in 2017
Inflation
23 May 2017 Spending on imported food items drove inflation
Inflation
19 May 2017 Registrations declined over the month
Vehicle Registrations
9 May 2017 Remittance hits $30M for the very first time
Remittances
9 May 2017 Lower remittance as family support receipts decline
Remittances
8 May 2017 Declining is a normal trend for October
Marine Exports Volume
8 May 2017 Cruise ship increased total arrivals and departures
International Arrivals & Departures
8 May 2017 Domestic food prices helped maintain the high headline inflation rate
Inflation
8 May 2017 Declining is a normal trend for October
Marine Exports Volume
5 May 2017
Marine exports picked up after a low month
Marine Exports Volume

April  
27 April 2017 Monthly Economic Review for February
13 April 2017 The price of imported food still on the rise
Inflation
4 April 2017 Agricultural export plunges as Tongan squash season ends
Agricultural Exports Volume
4 April 2017 Higher private container registrations recorded over October
Container Registrations
4 April 2017 Demand for light vehicles and cars continue to drive rise in registrations
Vehicle Registrations
4 April 2017 Squash season drove exports volume to a new high record
Agricultural Exports Volume
3 April 2017 Lower import payments escaped the overall deficit
Overseas Exchange Transactions

March  
30 March 2017 Monthly Economic Review for January
28 March 2017 High current account payments widened overall deficit
Overseas Exchange Transactions
24 March 2017 Deposits declined while lending continues to grow strongly
Banking Sector Developments
24 March 2017 Both lending and deposits rise over October
Banking Sector Developments
24 March 2017 Deposits rise to a new record high
Banking Sector Developments

February  
14 February 2017 Rising outflow for gifts and family support abroad
Overseas Exchange Transactions
8 February 2017 Marine exports continue to fall whilst aquarium exports rise
Marine Exports Volume
8 February 2017 Decline in invertebrate exports driving lower aquarium products
Marine Exports Volume
8 February 2017 No cruise ship arrivals drive total arrivals & departures lower
International Arrivals & Departures
8 February 2017 Cruise ship arrivals driving monthly increase
International Arrivals & Departures
8 February 2017 Household loans steered strong credit growth
Banking Sector Developments
3 February 2017 Monthly Economic Review for November

January  
12 January 2017 Remittances remained high as Christmas season approaches
Remittances
12 January 2017 Moderate inflow of personal transfers in September
Remittances
9 January 2017 Private container growth rebounding
Container Registrations
9 January 2017 Pick-up in yam and taro exports
Agricultural Exports Volume
9 January 2017 Registrations lift for all categories except cars
Vehicle Registrations

Press Releases & Public Notices

November  
8 November 2018 Foreign Exchange Control Directive effective 1st November 2018
Kamata ngāue’aki ‘a e Tu’utu’uni Ngāue ki hono Pule’i ‘o e Fetongi Pa’anga Muliˊ ‘i he ‘aho 1 ‘o Nōvema 2018

October  
9 October 2018 Reserve Bank recorded a $22.8 million decline of the Foreign Reserves

September  
21 September 2018 Monetary Policy Decision - September 2018
Tu’utu’uni ki he Fokotu’utu’u Ngāue Fakapa’anga - Sepitema 2018
19 September 2018 Monetary Policy Statement - February 2018
11 September 2018 Foreign Reserves recorded a $1.5 million over August 2018
6 September 2018 New Foreign Exchange Control Act 2018 comes into force on 10th July 2018
Kamata ngaue’aki ‘a e Lao fo’ou ki hono Pule’i ‘o e Fetongi Pa’anga Muli 2018 ‘i he ‘aho 10 Siulai 2018

August  
21 August 2018 Monetary Policy Decision - August 2018
Tu’utu’uni ki he Fokotu’utu’u Ngāue Fakapa’anga - 'Aokosi 2018
13 August 2018 Foreign Reserves increased by $7.8 million over July
3 August 2018 Monetary Policy Decision
Tu’utu’uni ki he Fokotu’utu’u Ngāue Fakapa’anga

July  
12 July 2018 Foreign Reserves increased by $26.8 million over June
12 July 2018 Supreme Court ruling on the Pacific International Commercial Bank vs National Reserve Bank of Tonga’s case

June  
18 June 2018  Monetary Policy Decision
Tu’utu’uni ki he Fokotu’utu’u Ngāue Fakapa’anga
18 June 2018 Foreign Reserves recorded a $4 million decline over May

May  
18 May 2018 Monetary Policy Decision
Tu’utu’uni ki he Fokotu’utu’u Ngāue Fakapa’anga
8 May 2018 Foreign Reserves recorded a $1.8 million decline over April

April  
12 April 2018 Monetary Policy Decision
Tu’utu’uni ki he Fokotu’utu’u Ngāue Fakapa’anga
6 April 2018 Foreign Reserves fell by $0.3 million over March

March  
16 March 2018 Monetary Policy Decision
Tu’utu’uni ki he Fokotu’utu’u Ngāue Fakapa’anga
12 March 2018 Foreign Reserves rose by $23.9 million over February

February  
20 February 2018 Monetary Policy Decision
Tu’utu’uni ki he Fokotu’utu’u Ngāue Fakapa’anga
9 February 2018 Foreign Reserves rose by $1.6 million over January

January  
22 January 2018 Monetary Policy Decision
Tu’utu’uni ki he Fokotu’utu’u Ngāue Fakapa’anga
22 January 2018 Monetary Policy Statement for August 2017
Fakamatala Fokotu’utu’u ngāue fakapa’anga ki ‘Aokosi 2017
9 January 2018 Tonga Ma'ae Tonga Group Ltd Revocation of Registration License
Fakangata e Laiseni Fakafetongi Pa'anga Muli 'a e Tonga Ma'ae Tonga Group Ltd
3 January 2018
Unauthorized Foreign Exchange Services
Fakafetongi Pa’anga Muli Ta’efakalao

Economic Releases

October  
11 October 2018 Monthly Economic Review for August 2018
5 October 2018 Exported Aquarium trends favourably over the month
Marine Export Volumes
5 October 2018 More fish was exported during the month
Marine Export Volumes
5 October 2018 Decline in taxi, rental and cars registrations pushed total vehicle registrations lower
Vehicle Registrations
5 October 2018 Marine exports decline due to less catch during the month
Marine Export Volumes
5 October 2018 Root crops and vegetables drove the monthly decline
Agricultural Export Volumes
5 October 2018 Private and business vehicles drove higher registrations
Vehicle Registrations
4 October 2018 Official grant receipts fuel high surplus in the overall balance
Overseas Exchange Transactions
4 October 2018 Remittances remained above $30 million
Remittances

September  
21 September 2018 Monthly Economic Review for July 2018
12 September 2018 Lower prices in the base year pushed the headline inflation upward
Inflation
7 September 2018 Total container registrations remained high over the month
Container Registrations
7 September 2018 The domestic component of inflation pulled headline inflation lower
Inflation
7 September 2018 Lending slows down while deposits continue to climb higher
Banking Sector Developments

August  
22 August 2018 Volume of root crops push agricultural exports lower
Agricultural Export Volumes

21 August 2018 Monthly Economic Review for June 2018
20 August 2018 Deposits increase driving the total money supply up
Banking Sector Developments
20 August 2018 Yam and taro harvest increased total agricultural exports
Agricultural Export Volumes

20 August 2018 Celebrations of family month pushed remittances to a new high level
Remittances
20 August 2018 High receipts for compensation of employees over April 2018
Remittances
20 August 2018 Annual headline inflation continue to trend downward
Inflation

20 August 2018 Food prices stabilized over the month
Inflation

20 August 2018 Deposits increase driving the total money supply up
Banking Sector Developments
20 August 2018 New loan commitments rise by more than double
Banking Sector Developments

15 August 2018 Business preparations for upcoming festivities drive total container registrations higher
Overseas Exchange Transactions
15 August 2018 Total container registrations remain high despite the decline over the month
Container Registrations

15 August 2018 Lower registrations in all vehicle types
Vehicle Registrations

15 August 2018 Private vehicle registrations increased during the month
Vehicle Registrations

15 August 2018 Lower interbank receipts widened the overall balance deficit
Overseas Exchange Transactions
15 August 2018 Higher interbank payments widened deficit in the overall balance
Overseas Exchange Transactions
29 June 2018 Monthly Economic Review for May 2018
June  
29 June 2018 Domestic food prices hiked over the month pushing the annual headline inflation higher
Inflation
29 June 2018 A record high for exported invertebrates
Marine Export Volumes
29 June 2018 Recovery from the cyclone pushed container registrations higher
Container Registrations
29 June 2018 Total agricultural exports volume rebounded
Agricultural Exports Volume
29 June 2018 Steady growth remains for both lending and deposits
Banking Sector Development
26 June 2018 Departures soar as visitors return whilst arrivals decline
International Arrivals & Departures
18 June 2018 Rise in family support for Tropical Cyclone (TC) recovery boosted remittances
Remittances
18 June 2018 Monthly Economic Review for April 2018
13 June 2018 Fish exports were favourable despite TC Gita occurred
Marine Export Volumes

May  
31 May 2018 Monthly receipts for family support remained above $20 million
Remittance

29 May 2018 Receipt of Tropical Cyclone (TC) Gita relief fund boosted overall surplus
Overseas Exchange Transactions
29 May 2018 Credit growth continues backed by supportive lending rates
Banking Sector Developments

28 May 2018 Lower vehicle registration continued to February
Vehicle Registrations
28 May 2018 Less cargo vessels arrived due to the cyclone
Container Registrations
28 May 2018 Lower domestic prices eases annual headline inflation
Inflation
28 May 2018 Downward trend continued due to Tropical Cyclone Gita
Agricultural Exports Volumes
17 May 2018 Spike in aquarium products exported in January 2018
Marine Export Volumes
16 May 2018 Lower private transfers reflects the end of christmas festivities
Remittances
16 May 2018 Higher interbank receipts yield a surplus
Overseas Exchange Transactions
14 May 2018 Monthly Economic Review for March 2018
10 May 2018 Exports declined yet higher than the monthly average of the past five years
Agricultural Exports Volumes

April  
27 April 2018 2018 starts positively for business lending
Banking Sector Developments
23 April 2018 Seasonal decline in January container registrations
Container Registrations
17 April 2018 Decline in squash and giant taro lowered total agricultural exports
Agricultural Exports Volumes
11 April 2018 Monthly Economic Review for February 2018
6 April 2018 Higher commodity prices over the month
Inflation


March  
20 March 2018 Vehicle registrations fell over the month
Vehicle Registrations
20 March 2018 Business loans push credit growth for festive season
Banking Sector Developments
19 March 2018 Higher import payments leads to deficit in overall balance
Overseas Exchange Transactions
16 March 2018 Lower agricultural export reflects ends of squash season
Agricultural Export Volumes
16 March 2018 Monthly Economic Review for January 2018

February  
22 February 2018 Lower business containers during the month
Container Registrations
22 February 2018 Headline inflation hits the Reserve Bank’s target rate
Inflation
21 February 2018 Housing loans remain a strong driver of credit growth
Banking Sector Developments
16 February 2018 Monthly Economic Review for December
2 February 2018 Remittances slowed lead by a fall in Receipts from Recognised Seasonal Employers (RSE) workers
Remittances
2 February 2018 Lower import & primary income payments raised surplus
Overseas Exchange Transactions

January  
31 January 2018 Squash and agricultural export volumes, highest on record since 2013
Banking Sector Developments
26 January 2018 Households continue to be the main driver of credit growth
Banking Sector Developments
25 January 2018 Receipts for construction related activities drove the remittance trend
Remittances
25 January 2018 Overall balance yields a surplus on higher telecommunications services receipts
Overseas Exchange Transactions

22 January 2018 Monthly Economic Review for November
16 January 2018 Rise in new registrations due to higher taxis and rental vehicles registered
Vehicle Registrations
11 January 2018 Lower international arrival and departure
International Arrivals & Departures
11 January 2018
Higher imported food, tobacco, and fuel prices drove higher headline inflation
Inflation

Find here all the archived press releases and the economic dataflashes released in 2015. For the previous years, click on the respective year to your left.


Economic Indicators

December  
29 December 2015 Monthly Economic Review for October 2015
23 December 2015 Household loans led strong credit growth
Banking Sector Developments
23 December 2015 End of festive events sees slight decline in economic activity
Overseas Exchange Transactions
23 December 2015 Deflation continues due to lower global prices
Inflation Rate
14 December 2015 Annual events drive lending
Banking Sector Developments
9 December 2015 Pick-up in economic activity as Coronation nears
Overseas Exchange Transactions

November  
23 November 2015 Monthly Economic Review for September 2015
11 November 2015 Container Registrations rise over the month of September
Container Registrations
11 November 2015 Imported prices continue to drive annual deflation
Inflation Rate
11 November 2015 Almost all vehicle types drive a fall in registrations
Vehicle Registrations

October  
23 October 2015 Monthly Economic Review for August 2015
9 October 2015 Remittances remain high despite the slight decreases
Remittances
8 October 2015 Lower imported prices cause headline deflation
Inflation Rate
7 October 2015 Registrations continue to decline over August
Vehicle Registrations
7 October 2015 Slight drop in container registrations
Container Registrations

September  
23 September 2015 Private transfers rise in the lead up to Coronation
Remittances
22 September 2015 Monthly Economic Review for July 2015
21 September 2015 Domestic prices continue to drive a rise in inflation
Inflation Rate
21 September 2015 Registrations fall following coronation festivities
Container Registrations
21 September 2015 Root & vegetable products rebound driving rise
Agriculture Export Volumes
16 September 2015 Air arrivals hike as festivities begin
International Arrivals & Departures
16 September 2015 Strong surplus driven by a rise in Current Account inflows
Overseas Exchange Transactions
1 September 2015 Root & vegetable products drive exports to fall
Agriculture Export Volumes

August  
14 August 2015 Monthly Economic Review for June 2015
5 August 2015 Coronation celebrations drive a rise in registrations
Vehicle Registrations
5 August 2015 Domestic prices cause headline inflation to rise
Inflation Rate
3 August 2015 Highest number of container registrations
Container Registrations

July  
31 July 2015 Vehicle Registrations dropped slightly over May
Vehicle Registrations
27 July 2016 Electricity prices increase by almost 3 seniti
Electricity
27 July 2015 Root vegetable products cause exports to rise
Agriculture Export Volumes
24 July 2015 Monthly Economic Review for May 2015
22 July 2016 Remittances remain high despite slight decrease
Remittances
16 July 2015 Low imported prices cause deflation to continue
Inflation Rate
15 July 2015 Strong Current Account balance pushes surplus
Overseas Exchange Transactions

June  
30 June 2015 Container Registrations continue to rise over May
Container Registrations
19 June 2015 Domestic fuel prices continue to rise
Fuel Prices
15 June 2015 Narrowing banks’ interest rate spread
Banking Sector Development
15 June 2015 Monthly Economic Review for April 2015
15 June 2015 Vehicle Registrations continue to rise over April
Vehicle Registrations

Find here all the archived press releases and the economic dataflashes released in 2016. For the previous years, click on the respective year to your left.


Media & Press Release

December  
21 December 2016 Press Release No.3/2016-2017 20 and 50 pa'anga Counterfeit Notes
14 December 2016 Official foreign reserves rose by $41.9 million over the past year

November  
15 November 2016 Reserve Bank recorded a $3.3 million rise in Foreign Reserves
11 November 2016 Reserve Bank hosts a Micro, Small and Medium Enterprises Workshop

October  
17 October 2016 Foreign Reserves recorded a $2.6m fall in September

September  
16 September 2016 Reserve Bank won the Maya Declaration Award
15 September 2016 Foreign Reserves recorded a $1.1m fall in August
6 September 2016 NRBT to attend the 2016 Alliance for Financial Inclusion (AFI) Global Policy Forum

August  
19 August 2016 July recorded a $12.5 million rise in Foreign Reserves

July  
28 July 2016 Sound Banking System despite the revocation of PICB licence
12 July 2016 June recorded a $24.4 million rise in Foreign Reserves

June  
21 June 2016 Economic Updates to the Members of Parliament
16 June 2016 Foreign Reserves rose by $7.8 million over May
11 June 2016 Reserve Bank Announces Changes to Exchange Control Policy Guidelines
10 June 2016 Reserve Bank imposes Minimum Loan to Deposit Ratio to encourage the utilization of the excess liquidity in the Banking System

May  
31 May 2016 Monetary Policy Statement for February 2016
23 May 2016 Reminder on the Requirements for the Removal of Cash and Cash entering Tonga
11 May 2016 Foreign Reserves rose by $5.6 million over April

April  
12 April 2016 Official Foreign Reserves for March 2016
6 April 2016 National Reserve Bank Data Collection on all Non-Bank Financial Institutions 
Tānaki Fakamatala ‘a e Pangikē Pule Fakafonua ‘o Tongaˊ fekau’aki mo e Ngaahi Kautaha Fakapa’aanga ‘oku ‘ikai ko ha Pangikē.

March  
24 March 2016 Official Foreign Reserves for February 2016
22 March 2016 Awareness on ATM Skimming 
Fakatokanga 'o e ngaue'aki ta'efakalo 'o e ngaahi kaati fakapangike
11 March 2016 IMF Staff Completes 2016 Article IV Mission to Tonga

February  
29 February 2016 IMF Staff to commence Annual Article IV Mission 2016 to the Kingdom of Tonga
24 February 2016
Counterfeit Banknote received 
Ko e ma'u 'o ha pa'anga loi

January  
19 January 2016 Official Foreign Reserves for December 2015

Economic Releases

November  
24 November 2016 Highest monthly record of remittance receipts so far throughout 2016
Remittances
15 November 2016 New duties driving higher annual inflation rate
Inflation Rate
15 November 2016 Monthly Economic Review for September
11 November 2016 Yam exports driving monthly decline
Agricultural Exports Volume
11 November 2016 High number of cargo ships contributed to rise in registrations
Container Registrations

October  
31 October 2016 Festivities ends causing decline in registrations
Container Registrations
31 October 2016 Vehicle registrations slowed over the month
Vehicle Registrations
31 October 2016 A steady growth in vehicle registrations for July
Vehicle Registrations
31 October 2016 Tuna drove a significant rise in export volume
Marine Exports Volume
31 October 2016 First monthly decline in loans in 18 months
Banking Sectors Development
31 October 2016 Strong growth is expected to 2016/17 financial year
International Arrivals & Departures
31 October 2016 Higher exports at beginning of financial year
Agricultural Exports Volume
21 October 2016
Monthly Economic Review for August

September  
1 September 2016 New excise tax driving inflation
Marine Exports Volume
1 September 2016
Headline inflation driven by domestic price of kava
Inflation Rate

August  
25 August 2016 Monthly Economic Review for June
22 August 2016 Registrations hiked due to festivities during the month
Container Registrations
10 August 2016 Overall Surplus maintained despite rising import payments
Overseas Exchange Transactions
5 August 2016
Rising tuna exports continue
Marine Exports Volume

July  
28 July 2016 Returning seasonal workers support rising vehicle registrations
Vehicle Registrations
28 July 2016 No cruise ships in May results in lower arrivals & departures
International Arrivals & Departures
28 July 2016 May, the month for family and high remittance receipts
Remittances
28 July 2016 Tuna exports driving monthly increase
Marine Exports Volume
25 July 2016 Credit growth accelerated more than projected
Banking Sector Developments
25 July 2016 Registrations continued to rise supported by events during the month
Container Registrations
25 July 2016 Lower exports of late yams drives overall decline in export volume
Agricultural Exports Volume
25 July 2016 Annual headline deflation continues driven by lower imported food prices
Inflation Rate
22 July 2016 Monthly Economic Review for May
15 July 2016 Funds received for household construction contribute to the rise in remittances
Remittances
13 July 2016 Cruise ship boosted both the passenger arrivals & departures
International Arrivals & Departures
11 July 2016 Weather conditions impacted the marine exports
Marine Exports Volume
11 July 2016 Broad money growing faster than expected
Banking Sector Developments

June  
30 June 2016 Exports doubled due to late yam harvesting season
Agricultural Exports Volume
30 June 2016 Registrations dropped following strong month
Container Registrations
30 June 2016 Annual headline inflation slipped back to deflation
Inflation Rate
30 June 2016 Inflows of official transfers benefits overall surplus
Overseas Exchange Transactions
29 June 2016 Registrations continued to rise
Vehicle Registrations
21 June 2016 Monthly Economic Review for April 2016
7 June 2016 Higher interbank transfer and import bill drive the overall deficit
Overseas Exchange Transactions
3 June 2016 Business activities drove increase in lending
Banking Sector Developments
3 June 2016 Growing housing loans drove the increase in total lending
Banking Sector Developments
3 June 2016 Growth driven by heavy vehicles
Vehicle Registrations
3 June 2016 Brown coconut and breadfruit continue to drive rise in exports
Agriculture Export Volumes
3 June 2016 Arrivals & departures fell after a strong month
International Arrivals & Departures
3 June 2016 Cyclone delayed shipping, driving the sharp rise in registrations
Container Registrations
2 June 2016 Remittance benefits from the weaker Tongan Pa’anga
Remittances
May  
24 May 2016 Monthly Economic Review for March 2016
17 May 2016 Higher financial receipts brings back surplus
Overseas Exchange Transactions
10 May 2016 Lower transfer receipts marks end of holiday season
Overseas Exchange Transactions

April  
27 April 2016 Monthly Economic Review for February 2016
26 April 2016 Positive growth for banks’ credit and deposits continues
Banking Sector Developments
22 April 2016 Holiday festivities attracts higher inflows for Tonga
Overseas Exchange Transactions
8 April 2016 Activities in the banking sector remain strong
Banking Sector Developments
7 April 2016 Lower imported food prices drive annual deflation
Inflation Rate

March  
30 March 2016 Monthly Economic Review for January 2016

February  
26 February 2016 Annual festivities driven increase in air arrivals
International Arrivals & Departures
25 February 2016 Squash season ends causing decline in exports
Agriculture Export Volumes
25 February 2016 Monthly Economic Review for December 2015
17 February 2016 New record high for container registrations
Container Registrations
1 February 2016 Remittances decline as Private Transfers fall
Remittances
1 February 2016 Headline deflation continues at End of Year
Inflation Rate

January  
29 January 2016 Housing loans increased to its highest level since 2009
Banking Sector Developments
29 January 2016 Pickup of other financial investments improved surplus
Overseas Exchange Transactions
27 January 2016 Escalating Import payments further lowers surplus
Overseas Exchange Transactions
22 January 2016 Global prices continue to drive headline deflation
Inflation Rate
21 January 2016 Monthly Economic Review for November 2015
15 January 2016 Highest credit growth since 2008
Banking Sector Developments
4 January 2016 Registrations continue to rise
Vehicle Registrations

Publications

June  
1 June 2016 Asia: Sailing in Turbulent Times | by Elena Loukoianova

Find here all the archived press releases and the economic dataflashes released in 2014. For the previous years, click on the respective year to your left.


Archive

 

Banknotes

Career

tra

You are here: Home News Archives